G'day justajoe , i was just reading the Weekend Australian and Robin Bromby's article on page 29. cheers
Analysts keep faith in energy stocks: there are uncertainties in the short term, but their long-term outlook is bright.
Robin Bromby From: The Australian March 19, 2011
(continued)
"Tony Locantro, who recently left Patersons Securities to set up his own fund as Locantro Capital, is more sympathetic to geothermal. Petratherm has been to a bubble and back (a run from 28c to $1.61 and then down to 10c in January), but he has been buying it and Panax Geothermal. He sees geothermal as a sector reliant on another global oil shock, but which may benefit from the damage to the uranium sector.
Locantro is also watching the shale gas sector. He likes Adelaide Energy for its leverage, and says managing director Carl Dorsch has been one of the pioneers of the shale gas sector in Australia, but is still largely unknown. Locantro has been buying heavily around 7c in Eromanga Hydrocarbons and its Brazilian oil story."
(continued)
http://www.theaustralian.com.au/business/analysts-keep-faith-in-energy-stocks-there-are-uncertainties-in-the-short-term-but-their-long-term-outlook-is-bright/story-e6frg8zx-1226024109545
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